CapitalRise co-founder Andrew Dunn has stepped down as a company director, although he remains on the board and the credit committee.
Dunn has worked in the residential sector for over 19 years. In 2001 he co-founded international design and development firm Finchatton and in 2016 he co-founded CapitalRise with Alex Michelin and Uma Rajah, who is chief executive of the prime property investment platform.
Rajah told Peer2Peer Finance News via email that Dunn is still very much involved with CapitalRise, maintaining his role on the credit committee and on the board as a non-executive director and founder.
She said that he has appointed Matthew Robertson to take his place as company director, as he is a bit stretched for time to maintain this role as well.
Robertson is finance director of Finchatton and CapitalRise’s director of lending, in charge of the origination and structuring of the platform’s deals.
The director changes were stated in documents filed with Companies House.
Earlier this month, CapitalRise revealed it has seen a 103 per cent increase in its Innovative Finance ISA volume between the 2018/19 and 2019/20 tax years.
And the platform’s annual results showed that it more than tripled its lending volumes and saw revenues rise 10-fold in the firm’s last financial year.